š
Original date posted:2014-06-16
š Original message:There can be multiple independent transport networks for Bitcoin.
There already is: ipv4, ipv6, Tor, and native_i2p (out of tree patch).
As long as multihomed hosts that act as bridges then information will propagate across all of them.
--
Justus Ranvier
-----------------
sent with R2Mail2
----- Original Message -----
From: Matt Whitlock <bip at mattwhitlock.name>
Sent: 2014/06/16 - 13:10
To: Mike Hearn <mike at plan99.net>, Justus Ranvier <justusranvier at gmail.com>
Subject: Re: [Bitcoin-development] Incentivizing the running of full nodes
> On Monday, 16 June 2014, at 7:59 pm, Mike Hearn wrote:
>> >
>> > This is a cool idea, but doesn't it generate some perverse incentives? If
>> > I'm running a full node and I want to pay CheapAir for some plane tickets,
>> > I'll want to pay in the greatest number of individual transactions possible
>>
>> Peers can calculate rewards based on number of inputs or total kb used:
>> you're paying for kilobytes with either coin age or fees no matter what. So
>> I think in practice it's not a big deal.
>
> So effectively, if you pay for your bandwidth/storage usage via fees, then the reward system is constrained by proof of burn, and if you pay for your usage via coin age, then the reward system is constrained by proof of stake.
>
> Now another concern: won't this proposal increase the likelihood of a network split? The free-market capitalist nodes will want to charge their peers and will kick and ban peers that don't pay up (and will pay their peers to avoid being kicked and banned themselves), whereas the socialist nodes will want all of their peers to feed them transactions out of the goodness of their hearts and will thus necessarily be relegated to connecting only to other altrustic peers. Thus, the network will comprise two incompatible ideological camps, whose nodes won't interconnect.
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Justus Ranvier [ARCHIVE] /
npub1k2ā¦9qd6m
2023-06-07 15:22:55
in reply to nevent1qā¦g5r9
Author Public Key
npub1k2eekmevs6gg60df75qpjw4a2atmy89vx28c8zqq5jxy64tuzrws39qd6mPublished at
2023-06-07 15:22:55Event JSON
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Original date posted:2014-06-16\nš Original message:There can be multiple independent transport networks for Bitcoin.\n\nThere already is: ipv4, ipv6, Tor, and native_i2p (out of tree patch).\n\nAs long as multihomed hosts that act as bridges then information will propagate across all of them.\n--\nJustus Ranvier\n-----------------\nsent with R2Mail2\n\n----- Original Message -----\nFrom: Matt Whitlock \u003cbip at mattwhitlock.name\u003e\nSent: 2014/06/16 - 13:10\nTo: Mike Hearn \u003cmike at plan99.net\u003e, Justus Ranvier \u003cjustusranvier at gmail.com\u003e\nSubject: Re: [Bitcoin-development] Incentivizing the running of full nodes\n\n\u003e On Monday, 16 June 2014, at 7:59 pm, Mike Hearn wrote:\n\u003e\u003e \u003e\n\u003e\u003e \u003e This is a cool idea, but doesn't it generate some perverse incentives? If\n\u003e\u003e \u003e I'm running a full node and I want to pay CheapAir for some plane tickets,\n\u003e\u003e \u003e I'll want to pay in the greatest number of individual transactions possible\n\u003e\u003e\n\u003e\u003e Peers can calculate rewards based on number of inputs or total kb used:\n\u003e\u003e you're paying for kilobytes with either coin age or fees no matter what. So\n\u003e\u003e I think in practice it's not a big deal.\n\u003e\n\u003e So effectively, if you pay for your bandwidth/storage usage via fees, then the reward system is constrained by proof of burn, and if you pay for your usage via coin age, then the reward system is constrained by proof of stake.\n\u003e\n\u003e Now another concern: won't this proposal increase the likelihood of a network split? The free-market capitalist nodes will want to charge their peers and will kick and ban peers that don't pay up (and will pay their peers to avoid being kicked and banned themselves), whereas the socialist nodes will want all of their peers to feed them transactions out of the goodness of their hearts and will thus necessarily be relegated to connecting only to other altrustic peers. Thus, the network will comprise two incompatible ideological camps, whose nodes won't interconnect.\n\n\n-------------- next part --------------\nA non-text attachment was scrubbed...\nName: signature.asc\nType: application/pgp-signature\nSize: 532 bytes\nDesc: PGP/MIME digital signature\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20140616/b09ddd18/attachment.sig\u003e",
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